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Directors & Officers

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Directors & Officers Liability


The Directors & Officers liability policy (also referred to as management liability) is available to non-profit organizations, private companies, publicly traded firms and educational institutions. The policy is intended to protect directors and officers against allegations of wrongful conduct, errors and/or omissions committed while carrying out their functions as an executive for the company.

  • The policy will directly indemnify a director and officer for a covered loss when the company is not legally permitted to do so (Side A Coverage).  
  • In instances where an organization can indemnify its directors and officers, the insurance company would make payments to the company (Side B coverage).
  • Some policies will also offer Entity (Side C Coverage) and/or reimbursement of expenses incurred due to a regulatory investigation or proceedings.
  • This product is available to non-profit organizations, private companies, public traded firms and educational institutions.
For further details on the Big "I" Professional Liability Program, contact:

 
Laura Szatkowski
860-563-6510